Consider the market for economics textbooks. Explain whether the following events would cause an increase or a

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Consider the market for economics textbooks. Explain whether the following events would cause an increase or a decrease in supply or an increase or a decrease in the quantity supplied.
a. The market price of paper increases.
b. The market price of economics textbooks increases.
c. The number of publishers of economics textbooks increases.
d. Publishers expect that the market price of economics textbooks will increase next month.
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Economics Today

ISBN: 978-0132554619

16th edition

Authors: Roger LeRoy Miller

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